Adult children living with parents costing $78,000?

“If you were to invest the $2,200 a year that the average parent gives to a child and earn 8% annually over 20 years, you’d add $78,000 to your portfolio – money you might desperately need one day. Meanwhile, your openhandedness could be hurting, not helping, your kids by keeping them everlastingly immature and ill-equipped to deal with financial challenges or setbacks on their own.”

Maybe it’s time to cut the purse strings and set some guidelines for the amount of financial support you’re willing to give.

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